What information must Dq Treat franchisees include in their monthly reports?
Dq_Treat Franchise · 2025 FDDAnswer from 2025 FDD Document
) The payment is received by Company on or before the date due, but is not honored by Licensee's bank or financial institution; or
- (C) There are insufficient funds in Licensee's bank account on or after the due date to collect a payment by the method of payment described in section 9.7.
9.8 Reports.
- (A) Monthly Report. Licensee must electronically (or using another method periodically required by Company) complete and submit to Company monthly reports with information from the previous calendar month on Company's then-current form. The reports are due within 10 days after the end of each month. The report must include the following information:
- (1) Amount of gross receipts of the Restaurant;
- (2) Amount of sales tax;
- (3) Gross Sales and the computation of the continuing license fee, sales promotion program fee, and any other applicable fees listed in section 9;
- (4) Total volume of mix, weight of meat and other commodities that Company may designate, and the sources from which obtained; and
- (5) Other information about the Restaurant requested by Company.
- (B) Profit and Loss Statement. Licensee must submit to Company a monthly profit and loss statement for the Restaurant, in a format designated by Company (which will include items such as a summary of cost of goods, utilities, labor, rent, and other material cost items), by the 20th day of the following month.
- (C) Sales Tax and Other Information. If requested by Company to verify Licensee's Gross Sales, Licensee must submit copies of its most recent sales tax return and all Business Records required by Company under Company's then-current audit policies.
Source: Item 17 — The following paragraph is added to the end of Item 17 of the Disclosure Document: (FDD pages 70–378)
What This Means (2025 FDD)
According to Dq Treat's 2025 Franchise Disclosure Document, franchisees are required to submit monthly reports containing specific financial and operational data. These reports are due within 10 days after the close of each month and must be submitted electronically or via another method specified by Dq Treat. The required information includes the restaurant's gross receipts, the amount of sales tax collected, and the gross sales figures used to calculate continuing license fees, sales promotion program fees, and any other applicable fees.
In addition to sales and tax information, Dq Treat franchisees must report the total volume of mix, the weight of meat and other commodities that Dq Treat designates, and the sources from which these items were obtained. Dq Treat also reserves the right to request any other information about the restaurant it deems necessary. Franchisees must also submit a monthly profit and loss statement by the 20th day of the following month, using a format designated by Dq Treat, which includes a summary of cost of goods, utilities, labor, rent, and other material cost items.
Furthermore, Dq Treat has the right to request copies of the franchisee's most recent sales tax return and all business records to verify gross sales. Dq Treat is granted both electronic and manual access to all business records and is permitted to use this data in any manner allowed by law. This includes sharing the information with third parties such as consultants and other franchisees, both current and potential. Franchisees must maintain accurate business records in an electronic format approved by Dq Treat, retaining these records for at least five years.